Kate Spade & Co. (KATE) Gains Early on Upbeat Comments

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Mizuho Securities Remains Bullish as Survey Shows Strong Holiday Conversions for Kate Spade & Co. (KATE)

January 22, 2016 7:14 AM EST

Mizuho Securities maintained a Buy rating on Kate Spade (NYSE: KATE), and cut the price target to $25.00 (from $30.00), following a Winter 2015 U.S. Handbag and Accessories Survey. Mizuho believes that managements strategies are taking hold, as the survey indicated a strong sequential conversion gain,... More